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As this company sells its assets, shareholders could be handsomely rewarded. But only if things go well.
Seritage Growth Properties (SRG 1.44%) decided in 2022 to sell all its assets and shut down the business, and the company has made some good progress. The value of the remaining assets implies some big potential upside for patient shareholders. Here's what you need to know before you buy or hold Seritage stock.
*Stock prices used were the morning prices of Aug. 26, 2024. The video was published on Aug. 27, 2024.
Matt Frankel has no position in any of the stocks mentioned. The Motley Fool recommends Seritage Growth Properties. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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